District 140 | Bulletin 52 Share Trust Information Packet
AIR CANADA – TMOS
2009 AIR CANADA SHARE TRUST AGREEMENT HISTORY AND 2021 REPURPOSING AGREEMENT
Our next General Membership meeting: Tuesday, December 09, 2025 | 15:30 CST | AC Cafeteria & Virtually on Teams
Our next General Membership meeting:
Tuesday, December 09, 2025, 15:30 CST | AC Cafeteria & Virtually on Teams
AIR CANADA – TMOS
2009 AIR CANADA SHARE TRUST AGREEMENT HISTORY AND 2021 REPURPOSING AGREEMENT
Dear Brothers and Sisters,
Earlier today, Air Canada informed the Union that, given the difficulty in hiring and retaining new staff in the Winnipeg Finance Branch, as per Article 5.02 of the CBA, they will be increasing the starting wage of new hires and current employees who are below step 5 to step 5 of the 2022 IFA wage scale. Please see below excerpt from the CBA.
5.02 The Company, at its discretion, may commence a newly hired permanent or temporary-term employee at any published rate within the wage scale of the classification into which the employee was hired, but not in excess of the maximum published rate of the classification.
As we are in agreement with members receiving higher wages, this will only impact members currently below a step 5 and new hires. This move will not impact any other current members financially; however, we are hopeful that this will help the company attract and hire new members and finally start to ease the workloads for all members. This was the sole decision of company to make this call, we have no control over this decision. Recent benchmarking against other companies in the Winnipeg area showed that Air Canada’s starting wages are no longer competitive. While we understand not everyone will be in agreement with this move by the company, the Collective Agreement does allow for it. Rest assured your Union will be seeking competitive wage increases across the board when the contract expires in 2026.
In Solidarity,
Jordan Strang
Shop Committee Chairperson
IAMAW LL2603
Dear Brothers and Sisters,Your IAMAW Air Canada Pension Committee was flooded with enquiries from our members across the entire system during the last week concerning large reductions in the value of their pension benefits in the online Aeronet pension projector. When we looked at the “Calculations Details” page of pension projections that were provided to…
PENSION SEMINARS – YWG FINANCE Pension seminars are scheduled for all interested IAMAW Members employed by Air Canada. The seminars will deal with the Air Canada Defined Benefit and MEPP pension plans for both ex-Cail and original Air Canada members During the seminars we will explain the rules of the pension plans, the available pension…